Target levels and forecast for the week 25.07. 29.07.

Target levels and forecast for the week 25.07.  29.07.Recall the fundamental events of the week that you need to pay attention to (GMT 0 time):Tue, 26USD: CB Consumer Confidence, New Home Sales (14:00)Wed, 27AUD: CPI (01:30)USD: FOMC meeting and Powell press conference (18:00-18:30)Thu, 28AUD: Retail Sales (01:30)USD: GDP, GDP Deflator, GDP Price Index (12:30)JPY: Tokyo Core CPI; Industrial Production; Retail Sales (23:30)Fri, 29EUR: CPI; GDP (09:00)USD: PCE Price Index,Core PCE Price Index (12:30)If the Fed raises the rate by 100 bp, then the dollar will receive serious support throughout the market, and together with the euro, it will be able to test the parity level again. For more news  see Economic Calendar.EUR/USDolitical crisis in Italy does not allow the euro to grow. Before the Fed meeting, short positions can be considered, but before the publication of the statement, it is better to stay out of the market. For a confident movement, both buyers and sellers need to leave the range of 1.0100  1.0250.GBP/USDThe pair remains in the zone of a strong psychological level of 1.20. For steady growth, you need to eliminate the accumulation of StopLoss of sellers above the 1.2150 zone. A downside scenario requires a fall below the 1.1750 zone supported by a negative fundamental background.USD/JPYBalance of volumes is unstable and is still shifted down. The fundamental background is also on the side of the sellers. For steady growth, we need to overcome the level of 138.00/50, otherwise, we will decline at least to the protection zone of 132.50.XTI/USDBiden's voyage to the Saudis did not live up to expectations: it was not possible to agree on an increase in production. Until September, the Kingdom will adhere to its quota under OPEC+. Washington, along with its allies, is working to limit the price of Russian oil. There are no positive informational factors yet, trading interest is completely shifted to the sales zone.Profits to yall!